Abstract
Using a large dataset of marathon runners, we estimate country- and gender-specific proxies for overconfidence. Subsequently, we correlate them with a number of indices, including various measures of gender equality. We find that in less gender-equal countries both males and females tend to be more self-confident than in more equal countries. While a substantial gender gap in overconfidence is observed, it only correlates with some sub-indices of gender equality. We conclude that there is likely a weak relationship between OC gender gap and gender inequality.
Highlights
Studies in judgment and decision-making sometimes find systematic differences between genders
Among gender equality indices we find correlation for the Gender Equity Index (GEI) and Gender Inequality Index (GII)
The negative correlation coefficient for GEI means that higher gender equality is associated with lower gender gap in OC
Summary
Studies in judgment and decision-making sometimes find systematic differences between genders. While the latter paper reports higher speed variability among males relative to females both for top and amateur runners, the former paper finds such a gender difference in pacing (which is larger in the case of the race in a hot weather) only among amateur runners. The crux of our approach is to measure gender gap at national level and link it to various country-specific variables.
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